Founders of SaaS companies should be aware of the paradigm shift in computing and embrace it quickly before competitors surpass them. AI-powered conversational agents like ChatGPT can greatly improve the functionality and intelligence of SaaS applications.
Many startups are holding back from raising funds to avoid lower valuations or harsher terms. With the lack of additional capital, startups are focused on being capital efficient, reducing their burn rate and increasing the runway. Learn more about how to navigate the new VC reality of the early-stage VC market in 2023.
You have built your pitch deck, created the financial model, and calculated the capital needed to execute the next 18-24 months. Now that you are ready to raise money, you want to build a list of the investors you know are the right fit for you.
Raising capital is one of the most critical challenges when building a startup. How well-prepared are you as a CEO to pitch your magical company? Are you aware of the startup funding stages or funding rounds? Every venture is different, and the various venture stages can vary somewhat, but generally speaking, there are five typical venture stages for early-stage startups.